Nelnet (NNI) Tops Q1 EPS by 65c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/3/2026

1. AAPL
2. PLTR
3. VRTX
4. CHKP
5. ON
6. CRWD
7. HNGE
8. INSP
9. MRVL
10. MTCH

Go back to Nelnet (NNI) Tops Q1 EPS by 65c

Nelnet Reports First Quarter 2021 Results

May 10, 2021 4:15 PM EDT

LINCOLN, Neb., May 10, 2021 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $123.6 million, or $3.20 per share, for the first quarter of 2021, compared with a GAAP net loss of $40.5 million, or $1.01 per share, for the same period a year ago.

GAAP net income increased for the three months ended March 31, 2021 compared to the same period in 2020 as a result of: 

An increase in net interest income on the company's loan portfolio; The recognition of a negative provision for loan losses as a result... More